The U.S. Chamber of Commerce is urging the new congressional deficit-reduction committee to overhaul the tax code without taking a position on the central issue of whether higher taxes should be part of the proposal.
The Republican victories in Congress mean U.S. companies from Goldman Sachs Group Inc . to WellPoint Inc . may be able to weaken or block what they consider President Barack Obama ’s anti-business policies on health care, the environment, taxes and financial reform.
The largest U.S. trucking association is vowing to reconsider its support for Republicans after last week’s debt-limit standoff in Washington, escalating a feud between industry groups and the small-government Tea Party movement.